Examlex
An example of a high-performance work practice is self-managed teams.
Intrinsic Rewards
The personal satisfaction and enjoyment derived from performing a job or completing a task, arising from within the individual rather than from external factors.
Extrinsic Rewards
External rewards given to employees for performing specific tasks or achieving certain goals, including money, bonuses, benefits, or recognition.
Optimal Reward System
is a compensation model designed to motivate employees and align their actions with organizational goals, maximizing both satisfaction and performance.
Value
The importance, worth, or usefulness of something, often determined by its perceived benefits or the satisfaction it provides.
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